Just over 1.5 million square feet of industrial space is currently available. There are many options available for small industrial users of less than 10,000 SF with multi-unit industrial parks as an active and viable option. Growing businesses requiring 10-20,000 SF have limited opportunities and users requiring 20,000+ SF are now compelled to look at Build-to-Suit option.
Rental rates range between $3.50 and $7.50 per SF. Build to Suit options range between $6.00 and $10.00 plus any customization expense
City of London continues to market its Industrial Lands primarily in the Highway 401/Veterans Memorial Parkway corridor